$QQQ has been in the down side for the past few days after rallying for 12 days straight. this is expected after the long rally. but this down side might continue.
this is due to tech stock taking a beating putting QQQ in a sell off.
also with the concerned about geopolitical issue in Russia and Ukraine war and Europe possible comic slow down putting indices in roller coaster ride.
below is my ideal entry for day trading or scalp play. $QQQ average move per day is about $5.00-6.00+ a day.
QQQ: Day trade or scalp target play: 04/11/22
Buy call above 341.36 sell at 344.20 or above.
Buy puts below 336.44 sell at 332.44 or below.
option open interest: ideal expiration date: 4/29/22 5/20/22 & 6/17/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes onl
this is due to tech stock taking a beating putting QQQ in a sell off.
also with the concerned about geopolitical issue in Russia and Ukraine war and Europe possible comic slow down putting indices in roller coaster ride.
below is my ideal entry for day trading or scalp play. $QQQ average move per day is about $5.00-6.00+ a day.
QQQ: Day trade or scalp target play: 04/11/22
Buy call above 341.36 sell at 344.20 or above.
Buy puts below 336.44 sell at 332.44 or below.
option open interest: ideal expiration date: 4/29/22 5/20/22 & 6/17/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes onl
Comment:
Today $QQQ is consolidating in lower time frame and setting up for upward momentum just above the SMA lines. set your alerts incase market starts to move higher again.
Comment:
This thesis played out well since i posted. hope you guys able to take some profits. stay tune for more watchlist.